A Rant on Complexity and Stock Markets

Zoran Perkov is one of the heroes portrayed in Flash Boys. Someone liked my review of the book, which made me re-read the review and setup a Google alert on him. This video was one of the first hits on a search for him. His thing is: Failure is feature of complex systems. Basically when you… Continue reading A Rant on Complexity and Stock Markets

Review: Flash Boys: A Wall Street Revolt

Flash Boys: A Wall Street Revolt by Michael Lewis My rating: 5 of 5 stars This book is really the story of why and how IEX was created. Humans made bad decisions. So, to protect people from other people, we moved the operation of the stock market to being run by computers. The natural consequence… Continue reading Review: Flash Boys: A Wall Street Revolt

Organizational Breakdown

Had a conversation with a restaurant manager when he said he hates computers. His life has gone from 90% working with food to maybe 60%. Naturally he did not get into this kind of work to spend so much time dealing with computers. At first I thought the issue was empowerment. A few decades ago,… Continue reading Organizational Breakdown